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Morningstar

Allspring Global Long/Short Equity Inst AGAZX

Morningstar Medalist Rating
Medalist Rating as of | See Allspring Investment Hub
  • NAV / 1-Day Return 12.43  /  +0.89 %
  • Total Assets 475.7 Mil
  • Adj. Expense Ratio
    1.420%
  • Expense Ratio 2.340%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Long-Short Equity
  • Investment Style Large Value
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.75%
  • Turnover 395%

USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:12 AM GMT+0

Morningstar’s Analysis AGAZX

Will AGAZX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AGAZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AGAZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AGAZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Allspring Global Long/ Short Equity Inst's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AGAZX

More AGAZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Societe Generale Pb Usd

16.61 79.7 Mil
Cash and Equivalents

Allspring Government Money Mar Select Class 3802

12.47 59.9 Mil
Cash and Equivalents

NVIDIA Corp

2.74 13.2 Mil
Technology

Bank of New York Mellon Corp

2.12 10.2 Mil
Financial Services

CVS Health Corp

2.10 10.1 Mil
Healthcare

Danske Bank A/S

2.04 9.8 Mil
Financial Services

United Therapeutics Corp

2.03 9.7 Mil
Healthcare

PACCAR Inc

2.02 9.7 Mil
Industrials

Alphabet Inc Class A

2.00 9.6 Mil
Communication Services

Molson Coors Beverage Co Shs -B- Non-Voting

1.96 9.4 Mil
Consumer Defensive